Jim Cramer Previews Yellen's Jackson Hole Speech

When traders know that the Federal Reserve chief is set to speak it tends to freeze them, says TheStreet's Jim Cramer. Market participants will be keying in on the Federal Reserve this week, as its Chair Janet Yellen, is set to give a speech on Friday, August 26, at the Federal Reserve Bank of Kansas City's annual Economic Policy Symposium at Jackson Hole, Wyoming. Cramer says she needs to protect her flank from a potentially strong employment number in the first week of September.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.